Math Problem Statement

In addition to the 31 ​cent-per-piece trade​ discount, the customer also receives a one half %

cash discount. Calculate the rebate and cash discount on a​ 30,000-piece-per-month order, and then find the net price. The cash discount of one half %

is taken after the rebate is applied.

Solution

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Math Problem Analysis

Mathematical Concepts

Discount Calculations
Percentage
Rebate Calculation

Formulas

Rebate = Discount per piece × Number of pieces
Cash Discount = 0.005 × (Original Price - Rebate)
Net Price = (Original Price - Rebate) - Cash Discount

Theorems

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Suitable Grade Level

Grades 10-12